Vasiliy RybakovICO team member replied on 23 Aug 2018
Ratings
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Juan Pablo Fernandez Aguero
CEO | ICO IEO Driver | Startup Advisor | Blockchain Consultant
Rated on Jul 21, 2018
Modified on Aug 6, 2018
Rated on Jul 21, 2018
Modified on Aug 6, 2018
2
1
1
9%
Team ★★
Vision ★
Product ★
There is no future on this project at all.
The idea is so complicated and the ROI is based on a bad idea.
The softcap is giant, It is one of the first problem that anyone investor can see.
The insurance industry is massive, powerful and has unlimited funds. I dont know how i-chain could fight and win against them.
+7Agree
+3
-4Disagree
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Nozomu Nakazato
Blockchain consultant
Rated on Jul 5, 2018
Rated on Jul 5, 2018
4
3
3
8%
This team is experienced and already has MVP.
However, the field of insurance using block chains is becoming a fierce battle zone.
Do you have clear and intense differentiation?
Also, why do we need huge funding to this extent?
I am anxious about this point.
+14Agree
+10
-4Disagree
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Sergey ChekriyICO team member replied on 12 Jul 2018
Nikolay Shkilev
PhD | Entrepreneur | CEO | ICO Advisor | Crypto enthusiast | Blockchain expert | Public speaker | Mentor
Rated on Jul 8, 2018
Rated on Jul 8, 2018
3
3
3
8%
Need improve a team with strong international experts.
Many questions to idea and realization.
The same questions to the product.
I don't believe that it will works in my humble opinion.
We'll see
+2Agree
-2
-4Disagree
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Sergey ChekriyICO team member replied on 12 Jul 2018
Paresh Masani
Executive Director | Project Lead | Developer | Influencer | Advisor | Blockchain Lover | Influencer | Strategy and Vision Execution
Rated on Jul 10, 2018
Modified on Jul 15, 2018
Rated on Jul 10, 2018
Modified on Jul 15, 2018
4
4
4
7%
[Update] Thanks for clearing my questions - I agree that Insurance is one of the biggest market size and community will need such solutions. I am still little sceptical about huge hard-cap but will update my ratings further if team progresses well as there is about an year to go for ICO.
+4Agree
+3
-1Disagree
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Christopher Zenios
COO | CMO | Speaker | Blockchain | ICO Specialist | Consultant | Advisor | Writer | Project Developer| Investor
Rated on Jul 12, 2018
Modified on Jul 13, 2018
Rated on Jul 12, 2018
Modified on Jul 13, 2018
5
4
4
7%
There’s a few things I’d like to point out. There is KYC but in my humble opinion the team needs more experience.
Also, there is MVP already which is positive but when I access it, it gives a warning upon connectivity.
Furthermore, I want to know why your Caps are so large or are you ok with a lower cap?
Finally, I would appreciate if a team member responds to this message so I can see your activeness on ICO Bench?
----
Further to your reply I have updated my rating since the team has proven that they can code/develop. I still believe that you should reduce the hard cap, also provide higher percentage to the contributors.
+7Agree
+7
Disagree
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Ismail Malik
ICOCROWD Editor-in-Chief - Blockchain + Strategic ICO Advisory
Rated on Jul 10, 2018
Rated on Jul 10, 2018
2
3
1
6%
When i'm trying to check up the demo MVP version by link it's sends me to a subdomain with invalid SSL certificate, so i give fair 1 for Product. There is no any team member from Blockchain industry and advisors list is empty. The idea is not bad but ... hardcap in 500k Ethers? It fails the approach.
Agree
-4
-4Disagree
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Sergey ChekriyICO team member replied on 12 Jul 2018
Gaurav Areng Chakraverti
Entrepreneur, Marketing Advisor, ICO Advisor
Rated on Jul 16, 2018
Rated on Jul 16, 2018
3
2
2
6%
The team seems all right, really. Would be helpful seeing some folks with a little more global experience or relevant weight in the industry to build trust in order to take on funds to attempt a project this large. Also, is Financial Director the same in this case as a CFO? Because, if you're asking for a minimum of 100,000 ETH, one needs to know who in the grander scheme of things is going to have control of the purse strings.
The vision seems a little convoluted in my opinion. The whitepaper is definitely lacking, leaving more questions than answers. The first 15 pages of a 30+ page whitepaper start off explaining blockchain and how blockchain works - which is all great in theory, but does nothing to explain why i-Chain is supposed to be leveraging this technology for the better.
The product, it doesn't quite get to where it needs to be. I feel there's a lot more room for improvement, and that may be needed to try and fulfill this vision. And at this price, selling only 35% of the inventory in order to achieve this target is a little optimistic. Although, with this I could be proven wrong. The demo is interesting at first glance. Would be interested in seeing it develop further of course.
My primary concerns are a lack of tangible information here and justification for the hard cap - or even the soft cap for that matter at this stage.
Agree
-5
-5Disagree
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Vasiliy RybakovICO team member replied on 17 Jul 2018
John Papadopoulos
Crypto-currency enthusiast, Miner, ICO analyst, Angel investor, ICO investor,Strategist
Rated on Jul 16, 2018
Modified on Jul 31, 2018
Rated on Jul 16, 2018
Modified on Jul 31, 2018
2
1
2
6%
That is another insurance project.... And it is no different than the others. I know that it has MVP but let me ask the key question. What this project will do to succeed where the others failed? Will it be so radical that it will disrupt insurance industry? I am waiting...
Agree
-5
-5Disagree
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Vasiliy RybakovICO team member replied on 2 Aug 2018
Mohit Tater
Blockchain & ICO Advisor, Investor, Serial Entrepreneur
Rated on Jul 5, 2018
Modified on Jul 17, 2018
Rated on Jul 5, 2018
Modified on Jul 17, 2018
4
4
4
6%
The idea looks good on paper but lets see how the team will be able to execute it. The team does look solid though and I believe they should be able to get it to fruition. Good thing is that they have a MVP.
+6Agree
+5
-1Disagree
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Alexander Mitrovich
Managing Partner, Usetech.com
Rated on Jul 4, 2018
Rated on Jul 4, 2018
3
3
4
5%
Very ambitious project that will have hard time delivering on its business development. 100k ETH soft cap is 2 orders of magnitude too much for crowdfunding. Team does not have global presence that the project of this scale requires. Idea is good, but proposed approach and scale look too risky for me, as I prefer to see success on several fronts (MVP demo is good, but what about actual market traction?). There are those that think big right away, this project is for them if they believe in the team and vision.
Agree
-4
-4Disagree
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Sergey ChekriyICO team member replied on 12 Jul 2018
Suraj Tiwari
ICO ADVISOR CONSULTING EXCHANGES Listing SMART CONTRACT TOKEN CODE
Rated on Jul 11, 2018
Rated on Jul 11, 2018
5
5
4
4%
Team : Team is good and diverse in different fields checked few comments that they are not verified but they are as informed by icobench.
Vision : Vision is awesome too as unlike other insurance icos they will provide blockchain as service like other BAAS.
Product : checked the product and videos they could have been better
+5Agree
+5
Disagree
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Timothy Mayeur
Rated on Jul 8, 2018
Rated on Jul 8, 2018
2
3
2
3%
No ICO KYC and raising 500K ETH with soft cap 100K ETH? That's only 33% Token Allocation!!.. Really?! Vision is big, I'll give them that but it requires a lot to pull this off. Need bigger international representation, insights and a very solid go to market & roll-out plan. Looks like this project is backed by member of United Russia Party (Russian Gov't).
Agree
-4
-4Disagree
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Sergey ChekriyICO team member replied on 12 Jul 2018
Sun (Kevin) Kim
Blockchain Research Analyst
Rated on Dec 12, 2018
Rated on Dec 12, 2018
3
2
2
2%
Insurance is a great industry for disruption with blockchain, but there is 1000 other blockchain projects tacking the same industry - hard to stand out with such over saturation.
The hardcap is also too high for today's standards
Agree
0
Disagree
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Harry Tucker
Business Manager - HiveEx
Rated on Jul 16, 2018
Rated on Jul 16, 2018
3
1
3
2%
The copy itself barely makes sense. I genuinely am not really sure what they're trying to do, and if the founding team can't explain to you what they're trying to do, that's never a good sign.
Agree
-4
-4Disagree
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Sergey ChekriyICO team member replied on 16 Jul 2018
Zi Shuen Wong
President of Nanyang Blockchain Association | Founder of MR ICO | ICO Researcher and Analyst
Rated on Jul 15, 2018
Modified on Jul 15, 2018
Rated on Jul 15, 2018
Modified on Jul 15, 2018
1
2
1
2%
0.1ETH per token?
100,000 ETH = 45 Million Soft Cap?
500,000 ETH = 200 Million Hardcap?
A difference of 150 Million????
ICO run for 1 year?????
Such a badly built website
What a 'face palm' team
Why the f*** do you need 200 Million?????!!!!!!!!!
What a moneygrab, what a scam, what's wrong with the ICO space?
This s*** leave me speechless.
Good luck.
Agree
-4
-4Disagree
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Sergey ChekriyICO team member replied on 16 Jul 2018
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